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5 Low-Cost Kitchen Updates
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5 Low-Cost Kitchen Updates to Attract Buyers
DAILY REAL ESTATE NEWS | THURSDAY, JANUARY 26, 2012
Considered the heart of a home, the kitchen can be instrumental in selling a property. Many buyers prefer dwellings with modern kitchens, especially since it's a room they'll use every day and a place where they will entertain guests.
Attend open houses in the neighborhood to see how kitchens compare. If all the other homes have new appliances, your sellers will want to do the same or accept a lower price.
But a kitchen retrofit does not have to be extensive. A recent Realty Times article offers tips on attracting buyers with lower-cost kitchen upgrades.
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Repaint in a neutral color
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Eliminating clutter
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Clean, clean, clean
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Change light fixtures and hardware
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Opt for less expensive granite
Source: "Kitchens Sell a House," Realty Times (01/24/12)
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Common Selling Mistakes
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Don't make these mistakes!
Download a Free report or feel free to call us at (860) 558-2122 to learn more about how we can help you sell your home in CT at the HIGHEST PRICE!
Mistake #1 -- Placing the Wrong Price on Your Property
Every seller obviously wants to get the most money for his or her product. Ironically, the best way to do this is NOT to list your product at an excessively high price! A high listing price will cause some prospective buyers to lose interest before even seeing your property. Also, it may lead other buyers to expect more than what you have to offer. As a result, overpriced properties tend to take an unusually long time to sell, and they end up being sold at a lower price.
Mistake #2 -- Mistaking Re-finance Appraisals for the Market Value
Unfortunately, a re-finance appraisal may have been stated at an untruthfully high price. Often, lenders estimate the value of your property to be higher than it actually is in order to encourage re-financing. The market value of your home could actually be lower. Your best bet is to ask your realtor for the most recent information regarding property sales in your community. This will give you an up-to-date and factually accurate estimate of your property value.
To download the full report simply fill in your email address and it will be sent to you immediately!
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